ISLAMABAD: Pakistan has been ranked at 118th position in the Global Competitiveness Report, showing improvement in the position of the country as compared to the last year's placement at 123th number.
Switzerland tops the overall rankings in the Global Competitiveness Report 2011-2012, released on Wednesday by the World Economic Forum, Pakistan (118th) partially bounces back from last year's significant drop in ranks of (123).
Yet, in several categories, it still requires improvements in performance among the developing Asia region, the report said.
Pakistan particularly needs to concentrate on the most basic areas of competitiveness, namely institutions (107th), infrastructure (115th), health and primary education (121st), and the macroeconomic environment (138th).
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